Like-kind Exchanges in Real Estate Transactions

Overview

Please join us for a discussion on like-kind exchanges (LKE), known as one of the last great tax legal “shelters” available to those buying and selling real property. We cover the basic structure of a LKE, and ways a taxpayer can utilize qualified third-party intermediaries (QI), and tenancy-in-common structures including Delaware Statutory Trusts (DST). We also explore creative solutions to sticky situations a taxpayer may find itself in obtaining replacement property. This course is ideal for CPAs, EAs, lawyers, real estate professionals, accountants or other tax professionals. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Objectives

After attending the presentation you will be able to…

• Determine whether a LKE can be used to defer taxes upon the sale of real property.
• Know when it is appropriate to use a QI in effecting a LKE.
• Define a DST and how it can be used in obtaining replacement property on a timely basis.
• Become knowledgeable about ways to appropriately use the LKE structure in unusual situations.

Highlights

The major topics that will be covered in this class include:

• Like-kind exchanges have been hailed as one of the few "legal tax shelters" still available for real property investments, but it is really a result of favored tax policy.
• These relatively straight-forward concepts can help a company significantly improve cash flow by deferring its tax liability.
• These concepts will be illustrated by real-life examples that present a novel approach to like-kind exchanges as a useful and practical tax-planning idea.

Designed For

CPAs, EAs, Lawyers, Real Estate Professionals, Accountants or other tax professionals

Prerequisites

None

Preparation

None

Notice

You will receive an email from CPA Crossings via Webex with instructions to access the webinar.